Simple Data Labs Inc. Asset Profile

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Year established

2017

Location

Palo Alto CA US

Primary Industry

Software

About

Based in California, US, and founded in 2017, Prophecy Inc. is a company that provides engineering software for data practitioners designed to improve workflow. The company helps users maintain separate environments for tests, integration, and production and offers solutions such as data engineering, data governance, and cloud migration. The company was co-founded by Maciej Szpakowski, Raj Bains (CEO), Rohit Bakhshi, Rohit Bakhshi, and Vikas Marwaha and some of its clients are HSBC, AMGEN, Marks & Spencer, JP Morgan Chase & Co., Microsoft, etc. In October 2023, Prophecy Inc. raised USD 35 million in series B funding co-led by investors Insight Partners and SignalFire, with participation from other investors Dallas Venture Capital, JP Morgan Asset Management, Databricks Ventures, and Singtel Innov8. The firm as of June 2024, has offices in San Diago and Palo Alto, California. The company has a complete enterprise product designed for engineering teams to speed up the data development and deployment process. Prophecy product - Data Transformation Copilot for Databricks has features such as Prophecy Designer, Prophecy Hub, data governance, cloud execution, Prophecy Transpiler, and agility with continuous integration and deployment. The platform offers solutions such as productivity on Databricks to make all data users more productive, ETL modernization for cloud-native ETL development, and transformation for RAG for power retrieval-augmented generation. Prophecy Inc. plans to utilize the October 2023 funding to develop its product offerings further.

Current Investors

SignalFire, Berkeley SkyDeck Fund, Dig Ventures

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Primary Industry

Software

Sub Industries

Engineering Software, Application Integration Software, Analytics & Performance Software

Website

www.prophecy.io

Verticals

Cloud Computing

Company Stage

Series B

Total Amount Raised

Subscriber access only

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